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Municipal Corporations

These features from Kotak Mahindra Bank will help with the smooth functioning of duties:

Facilitate the sale of tender application form and collection of EMD
Solution for online/offline collection of property & other taxes
Utility bill payment solution
Customized MIS for reconciliation and accounting of funds collected for online & offline payments

Housing Boards

Kotak Mahindra Bank provides a host of services for Housing Board/Authorities

Facilitate the sale of housing scheme forms and collection of Earnest Money Deposit (EMD)
Providing customized MIS of applicants who have applied for the housing schemes
Online and offline collection of post allotment instalments from the successful applicants
Reconciliation of the funds which are collected online and offline
Refund of Earnest Money Deposit (EMD) to applicants who have not been allocated the houses by way of demand draft/cheque/NEFT/RTGS
Facilitate online portal to apply for the housing scheme

Industrial Development Corporations

Kotak Mahindra Bank offers various services for the Industrial Development Corporations

Solution for online/offline tax collection
Collection of bills through virtual accounts
SMS/Emailer to the industries for the collection of water/property/land taxes
Collection through branches
Facilitate bill generation module

Government Schemes Distribution/Collections

This will help with payment-related functions.

Incentive payment to beneficiaries of Government schemes/Yojanas through secured platform — 'eMudra'
Bulk CMS collection facility of the payment from authorised dealers/distributors
Grant distribution through cheque printing and e-payment facility
Payments of MNERGA wages to direct beneficiaries through business correspondents

Smart Cities Mission is a bold and much-needed initiative by the Government of India to drive economic growth and improve the quality of life of people by enabling local development and harnessing technology as a means to create smart outcomes for citizens. We have been actively partnering in various Smart City initiatives.

Dedicated Product

We have dedicated Savings and Current Account options keeping in mind the requirements of Government institutions. The institutions eligible to open savings accounts are governed as per the regulations issued by Reserve Bank of India. These products have been designed to provide hassle-free banking.

GSFC:

Government Business Savings account
Government Business Current Account

Miscellaneous Services

PFMS: Public Financial Management Services
Bulk payments: Multiple instructions through file upload
Customized reports
Multiple authorization options
Single file upload across Products & Print and processing locations
Under definable payment advices
User definable template for repetitive payments
Prepaid card

We can fight this together today, for a better tomorrow. Help coronavirus affected lives by contributing to the below relief funds:

COVID-19 Relief Fund Details
No	Name of the account	Account No.	Branch	State	IFSC
1.	COVID-19 Relief Fund Bemetara	1815093225	Bemetara	Chhattisgarh	KKBK0006426
2.	Surat Municipal Corporation COVID-19	0714838913	Surat - Ghod Dod Road	Gujarat	KKBK0000871
3.	Commissioner Municipal Corporation Bhopal (Novel COVID-19 Relief Fund)	1013794429	Bhopal	Madhya Pradesh	KKBK0000753
4.	COVID-19 Relief Fund Rishabhdeo	1815160217	Rishabhdeo	Rajasthan	KKBK0000276
5.	Commissioner Greater Warangal Municipal	6013446675	M G Road, Warangal	Telangana	KKBK0000572

You are never too far away from quick, efficient banking services. Locate your nearest branch or an ATM.

For assistance, call us at 1800 209 5600 from Monday to Saturday (9:30 am to 6:30 pm, excluding holidays)

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